Page 96 - Devik Jain News Today

Publishing date: Jan 07, 2021  •  January 7, 2021  •  2 minute read  •  Article content Wall Street hit record levels on Thursday as market participants bet on more pandemic aid under a Democrat-controlled U.S. Congress to help the economy ride out a steep downturn. Economy-linked financials jumped 2.2% while industrial and materials sectors hovered near record highs on expectations that President-elect Joe Biden would line up a bigger fiscal package and boost infrastructure spendi...

US STOCKS-Wall Street set for higher open as Democrats take control of Senate Reuters 1/7/2021 By Devik Jain and Medha Singh (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) Popular Searches * Dow futures hit record high * Weekly jobless claims dip unexpectedly * DXC jumps on $10 bln takeover offer from French rival * Futures up: Dow 0.39%, S&P 0.57%, Nasdaq 0.83% (Adds comment, details; updates prices) By Devik Jain...

US STOCKS-Wall Street at record high as Democrats take control of Senate Reuters 1/7/2021 By Medha Singh and Devik Jain (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) Popular Searches * Weekly jobless claims dip unexpectedly * DXC jumps on $10 bln takeover offer from French rival * Indexes up: Dow 1%, S&P 1.5%, Nasdaq 2.4% (Adds comment; updates market prices) By Medha Singh and Devik Jain Jan 7 (Reuters) - Wall St...

* Oil prices climb 5% (Updates with European stocks close, oil price settlements)

Global equity indexes mostly rose on Tuesday, with Wall Street rebounding from a weak start to the year, and oil prices settled up 5% after news that Saudi Arabia will make voluntary cuts to its oil output in February.

4 Min Read NEW YORK (Reuters) -The Dow and the S&P 500 ended higher, soaring to all-time highs on Wednesday, as investors piled into financial and industrial stocks on bets a Democratic sweep in Georgia would lead to more fiscal stimulus and infrastructure spending. But Wall Street pared earlier gains and the Nasdaq index closed lower after swarms of protesters stormed the U.S. Capitol on Wednesday as they sought to force Congress to undo President Donald Trump’s election loss to Joe Biden. L...

* Oil, material and bank stocks rise * Mastercard jumps on Stephens PT raise * Wall Street indexes trading below all-time highs * Indexes up: Dow 0.54%, S&P 0.32%, Nasdaq 0.32% Dec 30 (Reuters) - U.S. stocks rose on Wednesday, led by energy shares, as investors bet on a strong economic recovery in 2021 on the back of COVID-19 vaccine rollouts and hopes of bigger fiscal support. The last few weeks of the year have seen a shift towards undervalued stocks that are primed to benefit from an economi...

4 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Oil, bank stocks rise on recovery hopes * U.S. vaccine developers rise after Astra approval * Futures up: Dow 0.17%, S&P 0.24%, Nasdaq 0.45% (Adds comment; updates share prices) Dec 30 (Reuters) - U.S. stocks were set to rise on Wednesday as investors hoped that COVID-19 vaccine rollouts and a bigger fiscal aid would help the world’s largest economy recover from a pandemi...

3 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Futures up: Dow 0.30%, S&P 0.36%, Nasdaq 0.38% Dec 30 (Reuters) - U.S. stock index futures rose on Wednesday as investors focused on prospects of a gradual vaccine-led economic recovery next year and more monetary and fiscal support. Lifting sentiment was Britain’s approval of the emergency use of AstraZeneca and Oxford University’s COVID-19 vaccine after the main U.S. ...

All the 11 major S&P sectors were higher, with financial , energy and industrials among the biggest gainers.The S&P 1500 airlines index added 2.2% as carriers are set to receive $15 bn in addition payroll assistance under the new govt aid